Jamaica’s foreign exchange dealers bought US$3 million less than the amount sold on Tuesday, putting the surplus bought since the end of June to US$121 million, with the rate of the Jamaican dollar slipping marginally against the United States currency.
In Tuesday’s trading, dealers bought US$32,763,938 while they sold US$35,875,715 compared to US$37,926,234 purchased and US$29,940,137 sold on Monday, of all currencies.
In US dollar trading, dealers bought US$29,193,791 compared to US$34,783,369 on Monday. The buying rate for the US dollar rose 1 cent to $125.82. A total of US$34,459,336 was sold versus US$28,229,128 on Monday, with the selling rate rising 3 cents to end at $126.71. The Canadian dollar buying rate climbed $1.25 to end at $93.47, with dealers buying C$1,128,502 and selling C$540,659 at an average rate that dropped 79 cents to $95.25. The average rate for buying the British Pound rose 65 cents to $161.61 for the purchase of £1,915,825, while £538,882 was sold to end at $164.78, for a gain of 41 cents.
At the end of trading, the selling rate for the Euro, rose by 74 cents to close at J$141.44 from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.88 for a fall of $2.31. The US dollar equivalent of other currencies traded amounts to US$255,751 being bought, while US$309,138 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Tuesday, include, a rise of $1.05 in the highest buying rate of the US dollar to $128, a decline of 76 cents in the highest selling rate of the Canadian Dollar to close at $100.12, a fall of $2 in the lowest selling rate to $89, while trading in the British Pound resulted in a dip of $1.61 in the highest selling rate to $171.95 and a rise of $2.75 in the lowest selling rate to end at $159.75.

Jamaica’s foreign exchange dealers bought US$8 million more than the amount sold on Monday driving the surplus bought since the end of June to US$124 million. On Monday dealers bought $6.55 million more than they sold adding to the near US$11 million excess purchase on Friday but that did not prevent the average rate for buying the United States dollar from rising. The local currency gained versus the pound, while the selling rate of the Canadian dollar rose against the Jamaica dollar.
In Monday’s trading, dealers bought US$37,926,234 while they sold US$29,940,137 compared to US$37,754,708 purchased and US$25,565,625 sold on Friday, of all currencies.
In US dollar trading, dealers bought US$34,783,369 compared to US$33,387,006 on Friday. The buying rate for the US dollar declined 12 cents to $125.81. A total of US$28,229,128 was sold versus US$22,715,862 on Friday, with the selling rate rising 4 cents to end at $126.68. The Canadian dollar buying rate dropped $1.09 cents to end at $92.22, with dealers buying C$1,210,434 and selling C$724,632 at an average rate that rose by 30 cents to $96.04. The average rate for buying the British Pound dropped $2.01 to $161.96 for the purchase of £1,575,303, while £623,808 was sold to end at $164.36, for a gain of $1.22.
At the end of trading, the selling rate for the Euro, rose by 46 cents to close at J$140.71 from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.19 for a gain of 82 cents. The US dollar equivalent of other currencies traded amounts to US$227,656 being bought, while US$352,200 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Monday, include, a rise of 90 cents in the highest buying rate of the Canadian Dollar to close at $97.50, a fall of $1.50 in the lowest selling rate to $91, while trading in the British Pound resulted in a dip of $1.80 in the highest buying rate to $165.50, a fall of 67 cents in the lowest buying rate to $133.38, a fall of 86 cents in the highest selling rate to end at $173.56 and the lowest selling rate dropped $3.30 to end at $157.

The rate for the Jamaica dollar slipped slightly against the United States dollar on Thursday but gained versus the pound and the Canadian dollar as net inflows into the Jamaica’s foreign exchange market, rose by US$4 million, pushing the surplus since the end of June to US$104 million. In Thursday’s trading, dealers bought US$34,661,238 while they sold US$30,381,784 compared to US$42,999,802 purchased and US$45,211,506 sold on Wednesday, of all currencies.
In US dollar trading, dealers sold US$2 million less than they bought, with buying amounting to US$31,789,630 compared to US$37,624,597 on Wednesday. The buying rate for the US dollar remained at $125.79. A total of US$29,558,903 was sold versus US$42,675,173 on Wednesday, with the selling rate rising 3 cents to end at $126.58. The Canadian dollar buying rate fell 22 cents to end at $93.22, with dealers buying C$1,014,434 and selling C$567,619, at an average rate that dropped 36 cents to $96.28. The average rate for buying the British Pound dropped $1.90 to $163.68 for the purchase of £1,525,391, while £236,288 was sold to end at $165.24, for a fall of $2.55.
At the end of trading, the selling rate for the Euro, slipped by 10 cents to close at J$139.85 from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$135.99 for a rise of $1.88. The US dollar equivalent of other currencies traded amounts to US$134,963 being bought, while US$82,661 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Thursday, include, a jump of $18.74 in the lowest selling rate of US dollar to $121.95, a rise of 90 cents in the highest buying rate of the Canadian Dollar to close at $98, a fall of $1 in the lowest selling rate to $90, while trading in the British Pound resulted in a gain of $3.40 in the highest buying rate to $172.30, a rise of $1.41 in the lowest buying rate to $135.46 and a fall of $3 in the lowest selling rate to end at $158.

The rate for the Jamaica dollar slipped slight against the United States dollar on Wednesday as net inflows into the Jamaica’s foreign exchange market, declined by just under US$2 million, pulling the surplus since the end of June to US$100 million. In Wednesday’s trading, dealers bought US$42,999,802 while they sold US$45,211,506 compared to US$51,197,988 purchased and US$41,592,069 sold on Tuesday, of all currencies.
In US dollar trading, dealers sold US$5 million more than they bought with buying amounting to US$37,624,597 compared to US$47,968,704 on Tuesday. The buying rate for the US dollar rose 5 cents to $125.79. A total of US$42,675,173 was sold versus US$40,035,361 on Tuesday, with the selling rate rising 6 cents to end at $126.55. The Canadian dollar buying rate rose by 42 cents to end at $93.44, with dealers buying C$1,512,401 and selling C$825,177, at an average rate that dropped 41 cents to $96.64. The average rate for buying the British Pound jumped $2.55 to $165.58 for the purchase of £2,888,370, while £1,380,647 was sold to end at $167.79, for a rise $2.26.
At the end of trading, the selling rate for the Euro, dropped by $1.63 to close at J$139.95 from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$134.11 for a dive of $5.16.
The US dollar equivalent of other currencies traded amounts to US$449,616 being bought, while US$75,668 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Wednesday, include, a decline of $1.20 in the highest buying rate of the Canadian Dollar to close at $97.10, a rise of $1 in the lowest buying rate to $77.36, while trading in the British Pound resulted in a gain of $1.62 in the highest selling rate to $176.04 and the lowest selling rate jumped $7.55 to end at $161.

Net inflows into the Jamaica’s foreign exchange market, rose by just under US$10 million on Tuesday, pushing the surplus since the end of June to US$102 million. In Tuesday’s trading, dealers bought US$51,197,988 while they sold US$41,592,069 compared to US$41,626,691 purchased and US$36,879,082 sold on Friday, of all currencies. The value for the Jamaican dollar rose against the major currencies.
In US dollar trading, dealers bought US$8 million more than they sold with buying amounting to US$47,968,704 compared to US$36,942,682 on Friday. The buying rate for the US dollar fell 15 cents to $125.74. A total of US$40,035,361 was sold versus US$30,736,441 on Friday, with the selling rate falling 7 cents to end at $126.49. The Canadian dollar buying rate declined by $1.02 to end at $93.02, with dealers buying C$1,653,128 and selling C$1,026,290, at an average rate that dropped $2.94 to $97.05. The average rate for buying the British Pound dipped 31 cents to $163.03 for the purchase of £1,389,791, while £514,598 was sold to end at $165.53, for a decline of 48 cents.
At the end of trading, the selling rate for the Euro, climbed by $1.39 to close at J$141.58 from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$139.27 for a leap of $7.07. The US dollar equivalent of other currencies traded amounts to US$204,464 being bought, while US$95,810 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Tuesday, include, a gain of 80 cents in the highest buying rate of the Canadian Dollar to close at $98.30, a rise of $2.10 in the lowest selling rate to $91.10, while trading in the British Pound resulted in a gain of $1.35 in the highest buying rate to $168.65 and the lowest selling rate dropped $6.55 to end at $153.45.

Net inflows into the Jamaica’s foreign exchange market, rose by just under US$5 million on Friday pushing the surplus since the end of June to US$92 million. In Friday’s trading, dealers bought US$41,626,691 while they sold US$36,879,082 compared to US$30,215,014 purchased and US$36,917,077, sold on Thursday of all currencies. The value for the Jamaican dollar fell slightly against the US dollar and the Canadian dollar but rose against the selling rate for the Pound.
In US dollar trading, dealers bought US$6 million more than they sold with buying amounting to US$36,942,682 compared to US$27,042,275 on Thursday. The buying rate for the US dollar climbed 15 cents to $125.89. A total of US$30,736,441 was sold versus US$33,427,390 on Thursday, with the selling rate rising 5 cents to end at $126.56. The Canadian dollar buying rate declined by 62 cents to end at $94.04, with dealers buying C$1,445,059 and selling C$5,118,612, at an average rate that climbed $2.85 to $99.99. The average rate for buying the British Pound gained $1.81 to $163.34 for the purchase of £1,690,154, while £411,245 was sold to end at $166.01, for a decline of $1.84.
At the end of trading, the selling rate for the Euro, fell by 31 cents to close at J$140.19 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.19 for a drop of $8.91. The US dollar equivalent of other currencies traded amounts to US$1,411,604 being bought, while US$1,558,945 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Friday, include, a gain of $1.56 in the highest selling rate of the Canadian Dollar to close at $100.92, a decline of $2 in the lowest selling rate to $89, while trading in the British Pound resulted in a gain of $1.50 in the highest buying rate to $167.30 as the highest selling rate dropped $8.80 to $174 and the lowest selling rate rose $2 to end at $160.

Net outflows of Jamaica’s foreign exchange market, rose to more than US$6.7 million on Thursday leaving the surplus since the end of June at US$87 million. In Thursday’s trading, dealers bought US$30,215,014 while they sold US$36,917,077, compared to US$33,586,589 purchased and US$34,833,179 sold on Wednesday of all currencies. The value for the Jamaican dollar fell slightly against the US dollar and the Pound while it rose against the Canadian dollar.
In US dollar trading, dealers bought less US dollars than they sold with buying amounting to US$27,042,275 compared to US$28,209,694 on Wednesday. The buying rate for the US dollar fell 1 cent to $125.74. A total of US$33,427,390 was sold versus US$27,002,488 on Wednesday, with the selling rate rising 4 cents to end at $126.51. The Canadian dollar buying rate declined by 42 cents to end at $94.66, with dealers buying C$2,490,968 and selling C$3,189,437, at an average rate that fell 32 cents to $97.14. The average rate for buying the British Pound fell $1.22 to $161.53 for the purchase of £862,897, while £639,354 was sold to end at $167.85, with a gain of $2.42.
At the end of trading, the selling rate for the Euro, rose 95 cents to close at J$140.50 from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$141.11 for a surge of $7.39. The US dollar equivalent of other currencies traded amounts to US$188,894 being bought, while US$192,487 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Thursday, include, a gain of $1.27 in the highest buying rate of the Canadian Dollar to $97.30, a rise of $2 in the lowest selling rate to $91, while trading in the British Pound resulted in a fall of $8.08 in the highest buying rate to $165.80 as the highest selling rate jumped $10.53 to $182.80 and the lowest selling rate fell $2.80 to end at $158.

Net inflows of foreign exchange traded by authorized dealers, declined moderately, on Wednesday’s net flows ended with the equivalent of just under US$1 million more sales than purchases leaving the surplus since the end of June to US$94 million.
In Wednesday’s trading, dealers bought US$33,586,589 while they sold US$34,833,179, compared to US$43,327,457 purchased and US$42,722,998 sold on Tuesday of all currencies, as the value for the Jamaican dollar fell slightly against the US dollar and the Canadian dollar but gained versus the Pound.
In US dollar trading, dealers bought more US dollars than they sold with buying amounting to US$28,209,694 compared to US$38,551,129 on Tuesday. The buying rate for the US dollar gained 1 cent to $125.75. A total of US$27,002,488 was sold versus US$37,840,792 on Tuesday, with the selling rate rising 7 cents to end at $126.47. The Canadian dollar buying rate rose 42 cents to end at $95.08, with dealers buying C$3,504,810 and selling C$6,590,709, at an average rate that rose 37 cents to $97.46. The average rate for buying the British Pound fell 54 cents to $162.75 for the purchase of £1,335,223, while £350,622 was sold to end at $165.43, with a fall of 21 cents.
At the end of trading, the selling rate for the Euro, declined 51 cents to close at J$139.55 from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.71 for a rise of $1.75. The US dollar equivalent of other currencies traded amounts to US$998,812 being bought, while US$2,292,849 was sold.
Highs & Lows| Notable changes to the highest and lowest traded rates, for the Jamaican dollar in the foreign exchange market on Wednesday, include, a drop of $19.18 in the lowest selling rate of the US dollar to close at $103.32. There was a decline of $1.57 in the highest buying rate of the Canadian Dollar to $96.03, a fall of $1, in the lowest selling rate to $89 while trading in the British Pound resulted in a gain of $6.80 in the lowest selling rate to end at $160.80.